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<br />. <br /> <br />enhancements, or park-and-ride facilities, fixed-guideway modernization, and preservation of <br />unused rail corridors. <br /> <br />PEER GROUP SYSTEM EXPERIENCE <br /> <br />San Diego North Coaster <br /> <br />In addition to farebox revenues covering approximately 20% of operating expenses, the <br />Coaster derives revenue from its right-of-way by selling usage rights of the line to Amtrak and <br />the Burlington Northern Santa Fe Railroad, by leasing bandwidth on fiber optic cables, and <br />through crossing fees. 12 <br /> <br />Miami Tri-Rail <br /> <br />Farebox revenues in the 1996-1997 fiscal year covered 29 percent of the total operating and <br />non-capital maintenance expenses. The Florida Department of Transportation splits operating <br />deficit with the three counties Tri-Rail serves. No dedicated sources of funding exist in <br />Broward, Dade and Palm Beach counties to support Tri-Rail operations. The state and each <br />county appropriate funds from their general funds to subsidize Tri-Rail.13 <br /> <br />Washington Virginia Railway Express <br /> <br />. <br /> <br />The Virginia Railway Express (VRE) is operated by Amtrak under contract. The severe <br />traffic congestion along the routes served by the VRE contributes to relatively high ridership <br />which helps to contribute to high farebox recovery ratio of more than 50% of operating <br />expenses. The Virginia Department of Transportation provides over $4 million annually to <br />cover track access fees. Other state and local operating assistance funds the remainder of the <br />operating deficit. 14 <br /> <br />Dallas Trinity Railway Express <br /> <br />The Trinity Railway Express (TRE) is operated by a private operator under contract. The <br />cities of Dallas and Fort Worth lease the right-of-way to the Union Pacific (UP) and <br />Burlington Northern Santa Fe (BNSF) railroads as a source of income.15 During the first <br />partial year of operation, local funding sources, including farebox revenues and track access <br />fee income, covered all operating expenses. 16 <br /> <br />Seattle Sounder <br /> <br />Because the Seattle Sounder is not scheduled to begin operations until late 1999, no operating <br />funding data exists. The majority of ongoing operating and capital funding is expected to be <br />derived from sales tax and motor vehicle excise tax proceeds. <br /> <br />. <br /> <br />Northstar Commuter Rail Feasibility Study <br />March 23. 1999 <br /> <br />9-11 <br />Financial Analysis <br />